Miners Are Preferring Bitcoin Cash(BCH) Over Bitcoin

in #bitcoin • 7 years ago

The bitcoin blockchain charges higher fees on transactions that is 1.5 BTC per block on bitcoin (about $6,000 USD) while on the other hand bitcoin cash has very low fees (typically under $50 USD).

Block 479,808 -set for this weekend- will likely trigger a difficulty adjustment downwards 50%, and if the prices of bitcoin and bitcoin cash stay the same, the miners will make almost double on bitcoin cash what they would on bitcoin.

#bitcoincash #cryptocurrency #steemit #writing
7 years ago in #bitcoin by
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     7 years ago 

    Makes complete sense. Just wait till the next fork in Nov.

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     7 years ago 

    If bitcoin failed to overcome its shortcomings, it will definitely lose miners, investors as well as top position in crypto's world.

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     7 years ago 

    time to mine!!!

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     7 years ago 

    I do see this coming

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